Latest news and articles about gulf economies from NEX English
The World Bank has lowered its growth forecasts for Middle Eastern economies in 2026 due to the repercussions of the Iranian war. Saudi Arabia and Oman stand out for their relative economic resilience amid these challenges.
Gulf economies face significant challenges due to escalating tensions related to the ongoing war in Iran. Predictions from <strong>Goldman Sachs</strong> indicate a risk of severe contraction in <strong>Qatar</strong> and <strong>Kuwait</strong>, while growth in <strong>Saudi Arabia</strong> and <strong>the UAE</strong> could be negatively impacted.